Credit union leaders say they already consider FICO's changes when underwriting loans for members.
Scott Pluta tells his consumer response team House hearings are just political theater.
Will the new change in the way credit scores are calculated result in a loan growth boost for credit unions?
Agency alleged First Investors Financial Group sent false consumer information to credit reporting agencies.
The bureau also cautions consumers about the currency's volatility and shady dealers.
The CFPB has proposed a rule that aims to simplify the Home Mortgage Disclosure Act reporting requirements for financial institutions. Institutions that produce fewer than 25 mortgages a year would be exempted from reporting requirements.
Las Vegas conferences, NCUA oversight, interest rate risk, the fixed asset cap, taxes and the CFPB take hits in this editor's column.
Study on overdrafts caused by debit transactions also finds courtesy pay services drastically increase fees paid by consumers.
CFPB director appears before a congressional subcommittee to discuss whistleblowers' discrimination claims.
While the proposed rule exempts institutions that book fewer than 25 mortgages annually, it also includes new reporting requirements.